Negotiated Increases Sample Clauses
The Negotiated Increases clause establishes the process by which parties can agree to raise certain fees, rates, or compensation specified in a contract. Typically, this clause outlines the conditions under which increases may be discussed, such as at set intervals or in response to specific triggers like increased costs or expanded services, and may require mutual written agreement before any adjustment takes effect. Its core practical function is to provide a structured and transparent mechanism for adjusting financial terms, thereby preventing disputes and ensuring both parties can adapt to changing circumstances during the contract term.
Negotiated Increases a) In order to be eligible for any negotiated increases, an employee must be employed when the Agreement is ratified.
b) Employees who retire between the expiration date of the previous Agreement and the date the increases are paid, shall receive the retroactive negotiated increases.
Negotiated Increases. 1. Following the University receipt of written notification from the union of its ratification of the Agreement with the University of California, the University will implement compensation increases, within 90 days, in accordance with the provisions of this article.
Negotiated Increases. Notwithstanding anything contained herein, increases in the wage and salary benefits awarded and agreed to through this Collective Agreement shall apply only to and be given only to employees of The Board of Trustees of the University of Illinois as of the date of signing of this Agreement and those employees hired thereafter.
Negotiated Increases. June 1, 2024 - $2.25 to be allocated by the Union June 1, 2025 - $4.00 to be allocated by the Union June 1, 2026 - $3.00 to be allocated by the Union
Negotiated Increases. On June 28, 2015, the County shall provide an increase to all classes in the unit of two percent (2%), shown in Attachment C.
Negotiated Increases. Employees in the following Classifications in effect prior to the date of signing this Agreement will receive adjustments to their Basic Rates of Pay retroactive to April 1, 1999 as follows: Programmer Analyst I: increase by 3% Programmer Analyst II: increase to the Minimum rate for the Technical Job Family, Phase II Programmer Analyst III: increase by 3% Programmer Analyst IV: increase by 3% Licensed Practical Nurses: increase to the Midpoint rate for the Specialist Advisor, Phase I Security Officers I and II: increase by 5%
Negotiated Increases. The Employer agrees to pay any negotiated salary increases to every employee not later than the month following the month in which this Agreement is signed and not later than the month following the month in which any subsequent salary increases become effective.